Burgess COMMENTARY

Peter Burgess

JUST CAPITAL BOARD OF DIRECTORS

RINALDO BRUTOCO WORLD BUSINESS ACADEMY Founding President & CEO

RAY CHAMBERS HEALTH IN AGENDA 2030 AND MALARIA UN Secretary-General’s Special Envoy

DEEPAK CHOPRA CHOPRA FOUNDATION Founder

CARLOS DOMINGUEZ SPRINKLR President

ALAN FLEISCHMANN LAUREL STRATEGIES President & CEO

PETER GEORGESCU YOUNG & RUBICAM Chairman Emeritus

DAN HESSE PNC, Akamai, Adknowledge JOHN HOFMEISTER CITIZENS FOR AFFORDABLE ENERGY Founder & CEO

ARIANNA HUFFINGTON THRIVE GLOBAL CEO

PAUL TUDOR JONES II TUDOR INVESTMENT CORPORATION Founder, Co-Chairman & Chief Investment Officer

RANDALL LANE FORBES Editor

MINDY LUBBER CERES President

JENNIFER MCCREA BORN FREE AFRICA Co-Founder & CEO HARVARD UNIVERSITY Senior Research Fellow

MARC H. MORIAL NATIONAL URBAN LEAGUE President & CEO

JEAN OELWANG VIRGIN UNITE CEO & Virgin Group Partner

ANDREW PAUL TUDOR INVESTMENT CORPORATION Former General Counsel & Managing Director

LYNN DE ROTHSCHILD E L ROTHSCHILD Founder & CEO PAUL SCIALLA DELOS LIVING Founder & CEO JAMES P. STEYER COMMON SENSE MEDIA CEO ANN VENEMAN U.S. DEPARTMENT OF AGRICULTURE Former Secretary DAVID VOGEL VOLORIDGE INVESTMENT MANAGEMENT CEO & Chief Scientist JEFF WALKER HEALTH IN AGENDA 2030 AND MALARIA Vice Chairman MICHAEL WEINSTEIN ROBIN HOOD FOUNDATION Chief Program Officer

OUR RESEARCH COUNCIL

ANDREW CHAMBERLAIN GLASSDOOR Economist

TODD CORT YALE Lecturer, Sustainability

AMY GLASSMEIER MIT Professor, Economic Geography and Regional Planning

TREVOR HARRIS COLUMBIA BUSINESS SCHOOL Professor of Professional Practice

TOM KOCHAN MIT SLOAN Co-Director

TOM VERMA TUDOR INVESTMENTS Director of Quantitative Analytics IGOR TULCHINSKY

WORLDQUANT CEO SHARON WAXMAN FAIR LABOR ASSOCIATION CEO

TENSIE WHELAN NYU STERN Professor CENTER FOR SUSTAINABLE BUSINESS Director

THE TEAM Angela Akinyemi
Senior Analyst ANGELA AKINYEMI SENIOR ANALYST ANGELA AKINYEMI SENIOR ANALYST https://justcapital.com/team-bios/2016/2/1/angela-akinyemi-senior-analyst Angela Akinyemi is a Senior Analyst in Market Research at JUST Capital. She is responsible for polling and engagement, which includes collecting the public’s views on how to define and evaluate corporate justness. Previous to JUST Capital, Angela worked in Equity Capital Markets at Credit Suisse, running analytics and doing research that the group relied on to advise clients on equity structure and transactions. Angela is a graduate of Georgetown University, where she received her BA in Physics and minored in Math and French.

Paul Bentley
Director, Research Operations PAUL BENTLEY DIRECTOR, RESEARCH OPERATIONS PAUL BENTLEY DIRECTOR, RESEARCH OPERATIONS https://justcapital.com/team-bios/2016/2/18/paul-bentley-brdirector-research-operations Paul Bentley is Director of Research Operations at JUST Capital, working as part of the research team to structure and coordinate its many streams of work. Prior to JUST Capital, Paul worked for the Australian Government in a range of senior policy positions, most notably as an adviser to the Australian Minister for Finance where he helped shape domestic economic and fiscal policy, framed two Federal budgets and advised in the areas of defense, immigration, foreign affairs, trade and tax policy. Paul is a graduate of Curtin University, in Western Australia, where he received his BA with honors in Urban and Regional Planning.

Gabi Blumberg
managing Director, Products GABI BLUMBERG MANAGING DIRECTOR, PRODUCTS GABI BLUMBERG MANAGING DIRECTOR, PRODUCTS https://justcapital.com/team-bios/2016/1/28/bio-2 Gabi manages corporate strategy for JUST Capital with particular focus on research and external outreach. She is working with the research team to launch the JUST rankings, ensuring they are aligned with commercial activities, partnerships and communications. Prior to joining JUST Capital, Gabi worked at the pioneering British impact investing firm, Investing for Good. With a focus on mobilizing institutional capital into impact investments, she launched the first exchange-listed Charity Bond in the UK. She also co-authored The Good Investor, a book of best practice guidelines for impact investors. Gabi earned her MPA with Distinction from the London School of Economics and a BA in Economics from New York University.

Rob Brown
Head of Research ROB BROWN HEAD OF RESEARCH ROB BROWN HEAD OF RESEARCH https://justcapital.com/team-bios/2016/2/4/rob-brown Rob is the Head of Research at JUST Capital. Prior to joining, he was Senior Portfolio Manager for AllianceBernstein Equity Strategies. Previously, Rob was Head of Equity Research for Nomura Securities International and worked at Morgan Stanley in various senior roles globally, including responsibility for the Global Macro Research team. Earlier, he was an economist at Bankers Trust in New York. Rob serves on the boards of the READ Foundation and the Graduate School of Education at the Jewish Theological Seminary. He is adjunct faculty at the Heyman Center for Philanthropy at New York University. He earned a BA, cum laude, in Economics and an MA in International Economics from Brandeis University, with joint coursework in econometrics at the Universite catholique de Louvain in Belgium.

Heidi Bush, CFA
Managing Director, Research HEIDI BUSH, CFA MANAGING DIRECTOR, RESEARCH HEIDI BUSH, CFA MANAGING DIRECTOR, RESEARCH https://justcapital.com/team-bios/2016/8/24/heidi-bush Heidi Bush is a Managing Director, Senior Sector Analyst at JUST Capital. She is responsible for evaluating Russell 1000 companies. Previous to Just Capital, Heidi was a Senior Equity Analyst at Lord Abbett & Co. covering small cap growth stocks. Prior to that, Heidi was an Equity Portfolio Manager and Analyst at the YMCA Retirement Fund, an equity and high yield analyst at New York Life Insurance Company and a corporate bond analyst at Kidder Peabody and Merrill Lynch. Heidi received an MBA from Columbia Business School and a BA from SUNY Albany. Heidi also holds a Chartered Financial Analyst designation.

Sean Calvillo
CFO, COO, CTO SEAN CALVILLO CFO, COO, CTO SEAN CALVILLO CFO, COO, CTO https://justcapital.com/team-bios/2016/2/1/sean-calvillo-chief-technology-officer Sean Calvillo is the Chief Financial Officer (CFO), Chief Operations Officer (COO) and Chief Technology Officer (CTO) of JUST Capital. As CFO, Sean is responsible for overseeing JUST Capital's financial activities. As COO, Sean is responsible for JUST Capital being as efficient as possible. As CTO, he leads technology strategy for products and operations. Previously, Sean spent 5 years at Bank of America enabling the consumer bank's customer experience business strategy with technology. Before Bank of America, Sean worked for TriTek Solutions (acquired by Perficient, Inc.), a system implementation consultancy, where he started and built their New York office. Sean is on the board of CoreDigitalWorks, which specializes in managing the dissemination of internal marketing and communications in large companies. In addition, Sean advises multiple sustainability investment focused family offices, including Armonia and Capital Institute. Sean has a BA in Business Administration with a focus on Computer Information Systems from the Ross School of Business at the University of Michigan.

Hernando Cortina, CFA
Senior Analyst, Research HERNANDO CORTINA, CFA SENIOR ANALYST, RESEARCH

Rob Du Boff, CFA
Senior Sector Analyst ROB DU BOFF, CFA SENIOR SECTOR ANALYST

Jean Ann Douglass
Manager, Operations & Human Capital JEAN ANN DOUGLASS MANAGER, OPERATIONS & HUMAN CAPITAL

Johnny Falla
Director, Development JOHNNY FALLA DIRECTOR, DEVELOPMENT

Yusuf George
Director, Strategic Development YUSUF GEORGE DIRECTOR, STRATEGIC DEVELOPMENT YUSUF GEORGE DIRECTOR, STRATEGIC DEVELOPMENT https://justcapital.com/team-bios/2016/2/1/yusuf-george Yusuf is Director of Strategic Development at JUST Capital. He is responsible for board development and relationship management, and assists with donor fund raising and managing strategic partnerships. Yusuf is joining JUST Capital with extensive experience in the financial services industry. He previously worked at Barclays Capital as a part of the Global Capital Markets division, where he curated investment and risk management strategies and established and managed client relationships with international hedge funds and global asset management firms. Most recently he was the Director of the Galtere Institute, a program established to embrace both art and science in finance by focusing on the behavioral and psychological aspects of decision-making. Yusuf serves on the board of directors of Princess Chambers, a non-profit that awards college scholarships to young women in Brooklyn. He holds a B.S. in Computer Science from Trinity College in Hartford, CT.

Kimberly Gladman
Managing Director, Research KIMBERLY GLADMAN MANAGING DIRECTOR, RESEARCH

Marykate King
Administrative associate MARYKATE KING ADMINISTRATIVE ASSOCIATE

Andy Knauer
Senior Analyst ANDY KNAUER SENIOR ANALYST

Sam Schrager
Senior Analyst SAM SCHRAGER SENIOR ANALYST

Andrew Stevenson
Managing Director, Senior Research Analyst ANDREW STEVENSON MANAGING DIRECTOR, SENIOR RESEARCH ANALYST https://justcapital.com/team-bios/2016/2/2/andrew-stevenson-brmanaging-director-senior-research-analyst Andrew Stevenson is the Managing Director, Senior Research Analyst at JUST Capital, specializing in Environment. He is responsible for evaluating companies based on health and climate impacts related to their businesses. Prior to JUST Capital, Andrew was a Macro Portfolio Manager at Citadel Asset Management's Global Fixed Income Fund and has over 20 years of experience working for investment banks in London and Tokyo as well as a Portfolio Manager for Brevan Howard AM and JWP Partners here in the United States. In addition, Andrew has spent 8 years as either an employee of or advisor to the National Resources Defense Council focused on energy, health, and climate related policy and governance issues. Andrew graduated from the University of Michigan.

Martin Whittaker
Chief Executive Officer MARTIN WHITTAKER CHIEF EXECUTIVE OFFICER https://justcapital.com/team-bios/2016/2/1/martin-whittaker-chief-executive-officer Martin Whittaker is the CEO of JUST Capital. He is responsible for the overall leadership of the organization. Previously, Martin was a founding partner and investment committee member at Sonen Capital, an impact investing firm, where he led private equity, real asset and direct investing activities. Previously, Martin worked as Director of MissionPoint Capital Partners, a private equity firm; a Senior Vice President at Swiss Re, where he was part of the Environmental and Commodity Markets team; and a Managing Director at Innovest Strategic Value Advisors, Inc., a pioneering investment advisory and research firm within the environmental finance space. Martin is also co-convener of the CREO family office investment network; an investment committee member for Sonen’s private investment platform; and a Board member of the Carbon Disclosure Project U.S. Martin received his Ph.D. from University of Edinburgh, an MBA from the University of London, an M.Sc. from McGill University and a B.Sc. from University of St. Andrews. Martin has also served as an Adjunct Professor at the University of Toronto, and provided expert testimony on environmental markets to the U.S. Senate.